Owner
$219,368
3211 HOUSTON RD, NORTON, OH
Quick Facts
owner occupied
Yes
vacant
No
corporate owner
No
beds
3
baths
2
sq. ft.
1,578
property type
Single Family Residential
hoa
No
About
Residential
Fair Condition
Living Area
Detached Garage
1 Story
Unfinished Basement
Central
Central
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
1946
Building Size
1,578 sq ft
Lot Size
48,352 sq ft
Lot Size (Acres)
1.11 acres
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
46-06264
County
Summit County, OH
Metro Area
Akron, OH
Zoning
—
Neighborhood/Subdivision
MENTZER EST
Lot Number
27
School District
Norton City School District
Legal Description
LOT 27 PT SUB 57 MENTZER EST 1.100A
Tax & Value Information
Market Value (Total)
$151,020
Building Value
$124,810
Land Value
$26,210
Annual Property Tax
—
Tax Assessment Year
2023
Assessed Value
$52,858
Last Assessment Year
2024
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
—
Recording Date
—
Sales Document #
—
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$8,488
Return on Investment
15.60%
After Repair Value
$241,305
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
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Analysis Details
Purchase Price
$197,431
Renovation Cost
$10,968
Closing Costs (buying)
$3,949
Holding Costs
$5,990
Selling Costs
$14,478
Total Investment
$54,403
After Repair Value (ARV)
$241,305
Total Costs
$232,816
Estimated Profit
$8,488
Cash Invested
$50,455
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
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Key Amenities in the Area